US EditionCompetition Bureau opens review of deal involving MEC and TGI Holding
- Canada's Competition Bureau launched a review of a deal on April 9 involving MEC and TGI Holding Inc.
- MEC's financial struggles, including falling sales and debt, prompted the search for new investment.
- The review examines the deal's potential impact on competition within the Canadian market.
- MEC's sales in 2023 were $382 million, down from $451 million the prior year, according to reports.
- The ongoing review suggests MEC may have found a buyer after its 2020 acquisition and cooperative dissolution.
Insights by Ground AI
Does this summary seem wrong?
15 Articles
15 Articles
All
Left
3
Center
3
Right
Winnipeg Free Press+11 Reposted by 11 other sources
Competition Bureau opens review of deal involving MEC and TGI Holding
Breaking News, Sports, Manitoba, Canada
·Winnipeg, Canada
Read Full Article
Property Controls Under Review: What the Empire Deal with the Competition Bureau Means for the Future
By: Jason Brisebois and Bailee Kleinhandler The Competition Bureau (the “Bureau”) has taken a significant step to challenge anti-competitive practices in the grocery industry. After an extensive investigation by the Bureau, Empire Company Limited (“Empire”) has agreed with the Bureau to remove a property control clause in a commercial lease that had previously prevented competitors from establishing competing grocery stores in Crowsnest Pass, Al…
Coverage Details
Total News Sources15
Leaning Left3Leaning Right0Center3Last UpdatedBias Distribution50% Left, 50% Center
Bias Distribution
- 50% of the sources lean Left, 50% of the sources are Center
50% Center
L 50%
C 50%
Factuality
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage
